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Earnings Report

Delta, AmEx renew credit card deal; Delta boosts outlook

American Express and Delta Air Lines are extending their credit card partnership through 2029, a significant extension of one of the larger financial partnerships between a major U.S. airline and a credit card company.

H&M profit drops, sales go up in India mainly

Swedish low-cost fashion brand Hennes & Mauritz AB has announced first-quarter profit dropped to 803 million kronor ($86.4 million), down from 1.4 billion kronor a year ago, saying the earlier period was positively affected by one-off tax income as a result of U.S. tax reform.